Consumer Cyclical -
Leisure - NYSE - US
$ 6.56
3.07 %
$ 1.2 B
Market Cap
-0.81
P/E
1. INTRINSIC VALUE
Balance Sheet
Topgolf Callaway Brands Corp.
| Current Assets | 1.6 B |
| Cash & Short-Term Investments | 445 M |
| Receivables | 176 M |
| Other Current Assets | 980 M |
| Non-Current Assets | 6.04 B |
| Long-Term Investments | 0 |
| PP&E | 3.56 B |
| Other Non-Current Assets | 2.48 B |
| Current Liabilities | 826 M |
| Accounts Payable | 96.4 M |
| Short-Term Debt | 89.3 M |
| Other Current Liabilities | 640 M |
| Non-Current Liabilities | 4.4 B |
| Long-Term Debt | 1.38 B |
| Other Non-Current Liabilities | 3.03 B |
EFFICIENCY
Earnings Waterfall
Topgolf Callaway Brands Corp.
| Revenue | 4.24 B |
| Cost Of Revenue | 1.4 B |
| Gross Profit | 2.84 B |
| Operating Expenses | 4.09 B |
| Operating Income | -1.26 B |
| Other Expenses | 190 M |
| Net Income | -1.45 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Topgolf Callaway Brands Corp.
| Net Income | -1.45 B |
| Depreciation & Amortization | 268 M |
| Capital Expenditures | -295 M |
| Stock-Based Compensation | 37 M |
| Change in Working Capital | 46.7 M |
| Others | 1.56 B |
| Free Cash Flow | 86.6 M |
Wall Street Analysts Price Targets
Topgolf Callaway Brands Corp.
Wall Street analysts predict an average 1-year price target for MODG of $12.6 , with forecasts ranging from
a
low of
$7 to a high of $18 .
MODG Lowest Price Target
Wall Street Target
7 USD
6.71%
MODG Average Price Target
Wall Street Target
12.6 USD
92.45%
MODG Highest Price Target
Wall Street Target
18 USD
174.39%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.01 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Topgolf Callaway Brands Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
267 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Topgolf Callaway Brands: It's Crazy Not To Take A Swing At This
I maintain a concentrated portfolio and recently invested in Topgolf Callaway Brands, despite the market's disagreement and the firm's significant share price decline. Management plans to spin off Topgolf, allowing each entity to focus on strengths, potentially creating more shareholder value. Despite recent financial challenges, including a $1.45 billion impairment charge, I believe the stock is significantly undervalued.
seekingalpha.com
- 3 weeks ago
Topgolf Callaway Brands Announces Agreement to Sell Jack Wolfskin to ANTA Sports
CARLSBAD, Calif. , April 10, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") announced that it has entered into an agreement to sell its Jack Wolfskin business to ANTA Sports for a base price of $290 million in cash, subject to net working capital and other customary adjustments.
prnewswire.com
- 3 weeks ago
Swing Big, Save Bigger: Topgolf and Verizon Team Up on Modern Golf Fun
The multiyear agreement extends Topgolf deals and discounts to Verizon customers DALLAS , March 10, 2025 /PRNewswire/ -- Modern golf entertainment leader Topgolf and Verizon, the largest wireless carrier in the United States, have officially teed up a game-changing partnership that brings exclusive perks and experiences to Verizon customers across the country. Verizon customers are set to score big thanks to the multiyear agreement featuring seasonal discounts, unique event packages and exclusive gift card promotions – all available through the Verizon Access program in the Verizon app.
prnewswire.com
- 1 month ago
Topgolf Callaway: Why Investors Should Take A Swing
Topgolf and Callaway will separate into two independent companies, potentially unlocking value. Callaway will focus on golf equipment, while Topgolf will operate as a debt-free entertainment brand. The stock has plunged 84% since its peak, largely due to the challenges of merging golf equipment manufacturing with entertainment. However, at $6 per share it is undervalued. Callaway is positioned for stable growth with its premium golf gear and Toptracer technology, while Topgolf presents a higher-risk, high-reward opportunity through international expansion and innovation.
seekingalpha.com
- 1 month ago
Topgolf Callaway (MODG) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Topgolf Callaway (MODG) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 2 months ago
Topgolf Callaway Brands (MODG) Reports Q4 Loss, Tops Revenue Estimates
Topgolf Callaway Brands (MODG) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to loss of $0.30 per share a year ago.
zacks.com
- 2 months ago
Topgolf Callaway Posts Revenue Beat
Topgolf Callaway Brands (MODG -4.42%), a leading company in the golf and active lifestyle industries, reported its Q4 2024 earnings on Feb. 24, 2025. The company's adjusted EPS exceeded expectations at -$0.33 compared to an anticipated -$0.40.
fool.com
- 2 months ago
TOPGOLF CALLAWAY BRANDS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2024 RESULTS
HIGHLIGHTS Q4 consolidated Net Revenue growth of 3% and strong Adjusted EBITDA growth both outperformed guidance. Total Company operating cash flow increased 5% to $382 million and Adjusted Free Cash Flow increased 27% to $203 million.
prnewswire.com
- 2 months ago
Topgolf Callaway: Q4 Preview, A Costly Mistake With No Clear Turnaround - 'Sell'
The merger of Topgolf and Callaway was a strategic mistake, leading to high debt and damaging Callaway's premium brand image. Topgolf's revenue growth has slowed due to economic normalization, with declining consumer spending and rising interest rates. The combined company faces significant financial challenges, and even the intended spin-off carries substantial uncertainties.
seekingalpha.com
- 2 months ago
Topgolf Callaway Brands to Release Fourth Quarter and Full Year 2024 Financial Results
CARLSBAD, Calif. , Feb. 17, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its fourth quarter and full year 2024 financial results on Monday, February 24, 2025, after the market closes.
prnewswire.com
- 2 months ago
3 Stocks Under $10 That Could Turn Risk Into Reward
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
marketbeat.com
- 2 months ago
Topgolf Launches Exclusive Experience Inspired by Marvel Studios' "Captain America: Brave New World" at all Topgolf U.S. Venues on Feb. 1
Enjoy the limited-time experience for free with Topgolf's Free Play Time deal DALLAS , Jan. 30, 2025 /PRNewswire/ -- Topgolf is proud to announce a brave new way to play with the launch of an all-new Block Party experience inspired by Marvel Studios' "Captain America: Brave New World," in theaters Feb. 14. The limited-time experience is available at all Topgolf U.S. venues Feb. 1 through April 13 and is accompanied by a national in-venue sweepstakes and limited-time menu items.
prnewswire.com
- 3 months ago
8. Profile
Summary
Topgolf Callaway Brands Corp. MODG
COUNTRY
US
INDUSTRY
Leisure
MARKET CAP
$ 1.2 B
Dividend Yield
0.00%
Description
Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, multiple bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the TravisMathew brand. This segment also provides storage gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, on-line retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as through its websites in the United States and approximately 120 countries. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.
Contact
2180 Rutherford Road, Carlsbad, CA, 92008
https://www.callawaygolf.com
IPO
Date
Feb. 28, 1992
Employees
30000
Officers
Mr. Brian P. Lynch J.D.
Executive Vice President, Chief Legal Officer & Chief Financial Officer
Ms. Katina Metzidakis
Vice President of Investor Relations & Corporate Communications
Mr. Mark F. Leposky
Executive Vice President & Chief Supply Chain Officer
Ms. Maryam Morse
Chief People Officer
Mr. Arthur Francis Starrs III
Chief Executive Officer of Topgolf International, Inc.
Ms. Erin Chamberlin
Chief Operating Officer
Mr. Glenn F. Hickey
Executive Vice President & President of Callaway Golf
Ms. Jennifer Thomas
Senior Vice President & Chief Accounting Officer
Mr. Oliver G. Brewer III
President, Chief Executive Officer & Director